Welcome to Staten News — where the AI trade got its bill, the Packers got six sacks, and a Poké Ball box is pricing promos a week early.
One thread ran through Finance and Tech this week: Big Tech can still grow the cloud, but Wall Street now wants proof the spending pays. Microsoft had the proof. Alphabet and Amazon had the bill.
📉 Finance
Alphabet closed at $283.82 on Thursday, down 12.6%, its worst day since its 2004 listing and roughly $500 billion in market value gone.
Alphabet's Q3 capex hit $51.4 billion and free cash flow went negative at minus $9.1 billion, even with revenue up 25% to $127.6 billion.
Amazon's trailing-twelve-month free cash flow swung to an outflow of $42.4 billion, and the stock fell as much as 10% after hours.
The Fed held at 3.75% to 4% in a 10-2 vote, with Lisa Cook and Beth Hammack both voting for a hike.
September PCE inflation rose to 3.6% and Q3 GDP came in at 3.4%, backing the hawks.
Crocs jumped 25% and Intel fell 17% on a weak Q4 revenue guide.
Next up: Apple reports Monday after the close, and the October jobs report lands Friday, Nov. 6.
Full story: Alphabet Lost $500 Billion in One Day
🏈 Sports
The Packers beat the Panthers 27-19 on Thursday night and moved to 5-3.
Green Bay sacked Bryce Young six times, and Young finished 22-of-39 for 200 yards with one touchdown and one interception.
Christian Watson left in an ambulance in the second quarter and returned in the third with a broken rib.
Carolina falls to 3-4 but still shares the NFC South lead with Atlanta.
Ravens at Bills is Sunday's headliner: Buffalo -3, total 54.5, with Lamar Jackson expected to return from his ankle injury per NFL Network's Ian Rapoport. Not confirmed yet.
Washington is a 6-point favorite over Philadelphia on Sunday night, and Bears at Seahawks closes the week on Monday.
Full story: Six Sacks at Lambeau
💻 Tech
September-quarter cloud revenue: AWS $46.0 billion (up 39%), Azure $33.2 billion (up 48%), Google Cloud $30.7 billion (up 103%).
Google Cloud is now within $2.5 billion of Azure, after being about two-thirds its size a year ago.
Microsoft spent $39.4 billion on property and equipment in the quarter, double a year ago, and Wall Street still rewarded it.
Apple's touchscreen MacBook Pro with a PROLED XDR display starts at $2,899 (14-inch) and $3,399 (16-inch). Preorders open today, and it ships Nov. 6.
DoorDash agreed to buy Instacart for $65 a share, about $17 billion, at a 26% premium.
That deal isn't expected to close until the end of 2027 or the first half of 2028, which tells you how long the antitrust review could run.
Full story: Google Cloud Grew 103%
🃏 TCG
Delta Reign and a new wave of 30th Celebration collections both release Friday, Nov. 6.
The 30th Celebration Ultra-Premium Collection [Night] sits at $575.44 on TCGplayer, $41 above the [Day] version at $533.97.
The Delta Reign Pokémon Center ETB is at $295.00, nearly 3x the regular ETB at $104.98.
The Delta Reign Booster Box is at $229.71, and the Build & Battle Box follows on Nov. 20.
Staten Deals is now public with a free Pokémon release tracker: presale prices, 7-day and 1-day release reminders, and alerts on 15% overnight swings.
Full story: November 6 Is Stacked
Stay sharp. Signal over noise. — The Bandicoots 🔥